7:46 AM Struggling Facebook (FB) finds a couple of dip buyers, gaining 3.4% premarket as Jefferies and BMO upgrade to Buy. For Jefferies, it's about valuation creating favorable risk/reward ahead of the expected July launch of video ads. BMO checks around and finds sentiment on Facebook advertising remaining positive. "The Street is underestimating the 'portfolio of social networks' strategy that is emerging to address (concerns over younger users)." Read comments
FB price at time of publication: $23.32. Check FB price now »
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Focus Articles on FB
- Time For A Fresh Look At Facebook by Intelligent Speculator
- Reasons To Add Facebook To Your Stock Portfolio by Elisa Lemmola
- Is Facebook's Search Function A Game Changer? by Unbigoted Research
Press Releases on FB
- Facebook Reports First Quarter 2013 Results (PR Newswire)
- Facebook to Announce First Quarter 2013 Results (PR Newswire)
- Susan Desmond-Hellmann Joins Facebook Board of Directors (PR Newswire)
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StockTalk on FB: FB StockTalk | Twitter FB | Twitter $FB | FB Instablogs
Recent Market Alerts on FB: All currents | Earnings | Dividends | M&A | On the move
Transcripts on FB
- Facebook's CEO Discusses Q1 2013 Results - Earnings Call Transcript
- Facebook's CEO Discusses Q4 2012 Results - Earnings Call Transcript
- Facebook's CEO Discusses Q3 2012 Earnings Results - Earnings Call Transcript
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